a Mexican horseman or cowboy, typically one wearing an elaborate outfit, often with silver decorations, of tight trousers, ruffled shirt, short jacket, and sombrero. Origin of charro.
These are only a few of the restrictions on contributions for qualified benefit plans. NQDC plans allow you to provide deferred compensation to your employees in excess of these qualified plan limits.Example(s): Richard and Mary work at BCD Corporation.Richard earns $300,000 in 2011 while Mary earns $100,000.hese are only a few of the restrictions on contributions for qualified benefit plans. NQDC plans allow you to provide deferred compensation to your employees in excess of these qualified plan limits.Example(s): Richard and Mary work at BCD Corporation.
Two programs are available that have excellent records of providing good returns for the money invested. Employees may elect to contribute to the deferred compensation plan offered by the Retirement Systems of Alabama and/or by Great-West Retirement Services. Contributions to these plans are tax deferred by the Federal Government. The Retirement Systems of Alabama administers the RSA-1 Deferred Compensation Plan.